FOR SALE CALGARY HERALD BUILDING 215 - 16 Street SE...FOR SALE CALGARY HERALD BUILDING 215 - 16...

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Kent Bacon, Principal 403.232.4330 [email protected] Walsh Mannas, Principal 403.232.4381 [email protected] Kevin Morgans, CCIM, Principal 403.232.4318 [email protected] Sean Day, Vice President 403.232.4328 [email protected] Paul McKay, Principal 587.293.3365 [email protected] FOR SALE CALGARY HERALD BUILDING 215 - 16 Street SE NEW LIST PRICE: $20,000,000

Transcript of FOR SALE CALGARY HERALD BUILDING 215 - 16 Street SE...FOR SALE CALGARY HERALD BUILDING 215 - 16...

Page 1: FOR SALE CALGARY HERALD BUILDING 215 - 16 Street SE...FOR SALE CALGARY HERALD BUILDING 215 - 16 Street SE NEW LIST PRICE 20,000,000 rail (157,000vpd) Memorial Drive(104,000vpd) LOCATION

Kent Bacon, Principal 403.232.4330 [email protected]

Walsh Mannas, Principal 403.232.4381 [email protected]

Kevin Morgans, CCIM, Principal403.232.4318 [email protected]

Sean Day, Vice President403.232.4328 [email protected]

Paul McKay, [email protected]

FOR SALE CALGARY HERALD BUILDING215 - 16 Street SE

NEW LIST PRICE: $20,000,000

Page 2: FOR SALE CALGARY HERALD BUILDING 215 - 16 Street SE...FOR SALE CALGARY HERALD BUILDING 215 - 16 Street SE NEW LIST PRICE 20,000,000 rail (157,000vpd) Memorial Drive(104,000vpd) LOCATION

Deerfoot Trail (157,000vpd)

Memorial Drive(104,000vpd)

LOCATION OVERVIEW

Bow River

16 Avenue NE (Trans-Canada Highway 1)

32 Avenue NE

Cent

re St

reet

NBarlow Trail NE

McCall Lake Golf Course

Fox Hollow Golf Course

N

HIGHWAY

1

2HIG

HWAY

Max Bell CTrain Station

Max Bell Arena

Calgary Herald Building215 - 16 Street NE

2

Downtown Calgary

Page 3: FOR SALE CALGARY HERALD BUILDING 215 - 16 Street SE...FOR SALE CALGARY HERALD BUILDING 215 - 16 Street SE NEW LIST PRICE 20,000,000 rail (157,000vpd) Memorial Drive(104,000vpd) LOCATION

Property Summary

PROPERTY SUMMARYCalgary Herald Building

Municipal Address215 - 16 Street SECalgary, Alberta

Building Area+/- 344,843 sf

Site Size12.78 acres

Year of Construction1980

2018 Assessment$38,960,000

ZoningI-B f1.0 (Industrial-Business District)

N

Deerfoot Trail (157,000 vpd)

Memorial Drive (104,000 vpd)

Centre Avenue N16 Street SE

8 Avenue NE

16 Avenue NE (Trans-Canada Highway 1)HIGHWAY

1

2H

IGH

WAY

Mayland Heights

LRT Line

3

SUBJECT PROPERTY

Page 4: FOR SALE CALGARY HERALD BUILDING 215 - 16 Street SE...FOR SALE CALGARY HERALD BUILDING 215 - 16 Street SE NEW LIST PRICE 20,000,000 rail (157,000vpd) Memorial Drive(104,000vpd) LOCATION

DATA ROOM

Detailed information has been assembled by Avison Young and is available to prospective purchasers. Access to additional infor-mation will be available in a secure online data room upon receipt of an executed Confidentiality Agreement, and is provided to prospective entities/interested parties to assist in evaluating the offering.

Click to downloadConfidentiality Agreement

Avison Young has been retained by Postmedia Network Inc. on an exclusive basis to arrange for the offering and sale of a 100% freehold interest in the subject property. The subject property is being offered for sale on a first come, first serve basis at a list price of $20,000,000. Please contact the listing agents below for information on the offering process.

OFFERING INTEREST

Kent Bacon, Principal 403.232.4330 [email protected]

Walsh Mannas, Principal 403.232.4381 [email protected]

Kevin Morgans, CCIM, Principal403.232.4318 [email protected]

Sean Day, Vice President403.232.4328 [email protected]

Paul McKay, [email protected]

BUILDING AREA BREAKDOWNFLOOR OFFICE (SF) INDUSTRIAL (SF) TOTAL (SF)

B1 52,851 70,327 123,178

1 58,853 50,043 108,896

2 55,196 55,409 110,605

Mezzanine - 2,164 2,164

Total 166,900 177,943 344,843

PROPERTY SUMMARY